January 2023 | Page 2 of 136 | Last Cryptocurrency News Feed

Court permits Core Scientific to borrow $70M to replace existing loan

Investment bank B. Riley is already a Core Scientific creditor and tried to provide funds before the Bitcoin miner filed for Chapter 11. Own this piece of history Collect this article as an NFTCore Scientific has received permission from the bankruptcy court for the Southern District of Texas to take out a loan of up…

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Celsius’ Independent Examiner Reveals Astonishing Facts About Internal Discrepancies

Celsius abandoned its promise of transparency from its start, according to former prosecutor Shoba Pillay who was appointed as an independent examiner by United States Bankruptcy Judge Martin Glenn. In a filing, Pillay stated that the bankrupt crypto firm conducted its business in a starkly different manner than how it marketed itself to its customers in…

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Ordinals Project Launches Enabling NFTs Directly On Bitcoin

The controversial project has been met with equal parts excitement and criticism in regards to its impacts on Bitcoin.A project called Ordinals has launched on the Bitcoin blockchain, effectively enabling Bitcoin-native on-chain NFTs. Led by former Bitcoin Core contributor Casey Rodarmor, the protocol is a convention for numbering and transferring individual satoshis on the Bitcoin network.Ord,…

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Wormhole wins second ‘temp check’ to become bridge for Uniswap governance

Wormhole got over 60% of the vote in the Uniswap DAO referendum, with LayerZero coming in second. Own this piece of history Collect this article as an NFTThe Uniswap DAO has approved a second non-binding proposal, called a “temperature check,” to make Wormhole the official bridge for cross-chain governance of the protocol between BNB Chain…

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Blockchain provider SIMBA Chain awarded $30M by US Air Force STRATFI program

According to SIMBA Chain, the investment will go toward developing blockchain applications that will be used by several government organizations. Own this piece of history Collect this article as an NFTBlockchain solutions provider SIMBA Chain has been selected for a $30 million Strategic Technology Focus Initiative (STRATFI) by the United States Air Force (USAF). The…

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Bitcoin mining advocate is going state-to-state to educate US lawmakers

The legislatures in Mississippi and Missouri have separately introduced bills aimed at protecting certain activities of Bitcoin miners following visits from the Satoshi Action Fund. 294 Total views 1 Total shares Own this piece of history Collect this article as an NFTDennis Porter, chief executive officer of the Satoshi Action Fund, is taking the fight…

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Examiner finds customer deception, ‘very Ponzi-like’ use of funds at Celsius

Court-appointed examiner Shoba Pillay submitted her final report on select aspects of operations at bankrupt cryptocurrency Celsius on Jan. 31. The document was commissioned on Sept. 29 and is 470 pages long, not counting the 31 appendices.Pillay is a former federal prosecutor and partner at law firm Jenner & Block. She looked at how customer…

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UK Regulator Launches Inquiry into Charity With Ties to Sam Bankman-Fried

UK’s Charity Commission announced inquiring into a charity called – Effective Ventures Foundation over its ties with FTX. According to the official press release, the charity reported its association with FTX as a serious incident because the bankrupt cryptocurrency exchange was its “significant funder.” The non-ministerial department asserted that trustees submitted an RSI and sufficiently…

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Strike Brings Bitcoin Lightning-Based Remittances to the Philippines

Strike – a Bitcoin payment company and wallet provider – has expanded its “Send Globally” feature to the Philippines, allowing locals to receive lightning-based remittances directly to their bank account. This marks the second-wave rollout for Send Globally after its initial release to Africa in December. Fixing the Remittance System In a press release published…

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Rumor has it that Dogecoin could shift to proof-of-stake — What does that mean for miners?

There are rumors that Dogecoin could switch from proof-of-work to proof-of-stake (PoS). Do I know if Dogecoin is switching to PoS? No. Do I think it’s going to PoS? Probably not.But I love the “what if” game.As a person who works in the crypto mining industry, I do my best to gauge where the market and…